<EIA reports on April The Oil Drum More on oil shale>
<DrumBeat: July 4, 2006 DrumBeat DrumBeat: July 6, 2006>

133 comments on DrumBeat: July 5, 2006

Comments can no longer be added to this story.

Show without comments | PDF version

odograph on July 5, 2006 - 10:00am Permalink | Subthread | Parent | Comments top
I think the article drew a tenuous connection, perhaps trying to think of some way to tie the Korean news to higher oil prices.  I mean, is it all reasonable that Korea is about to launch a war on tankers?

Maybe there'd be a higher general fear factor if people thought Korea was going to start any kind of war .. but I haven't heard that either.

Comments can no longer be added to this story.
rlaws on July 5, 2006 - 10:31am Permalink | Subthread | Parent | Comments top
1/3 of the world's oil passes through Malacca Straits, so its possible - if the range of their missiles is high enough.

Then again, a lot of 'stuff' passes through that area, so you would expect to see price rises for many security-traded items.

I would stick with the Kuwait explanation.

Comments can no longer be added to this story.
Jack Greene on July 5, 2006 - 11:29pm Permalink | Subthread | Parent | Comments top
rlaws,

  The one long range missile failed, and the other six are upgunned SCUDS, so they have little accuracy. A scare tactic.

Comments can no longer be added to this story.

133 comments on DrumBeat: July 5, 2006

Comments can no longer be added to this story.

Show without comments | PDF version